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    • KumoDragon replied May 11, 2011

      eelfranz (or anyone that knows his answer) I have question. I think you answered this already but I've been digging and I can't find it. I noticed that the angle of the green TDI on a cross seems to change somewhat when zooming in and out. So, when ...

      Trading Made Simple
    • KumoDragon replied May 11, 2011

      That is true, but it's still better to wait until after the news IMO, by at least a half an hour. IME, you never know just how big a spike can be, sometimes the spikes make absolutely no sense, then you find out there was additional news or some ...

      Trading Made Simple
    • KumoDragon replied May 11, 2011

      Most of the time I am yes. As when a trade is on I'm more concerned with trade management and locking in pips as it goes, rather than pointing out my entry. If you see an actual entry printed at the proper time, what does it matter anyway?

      Trading Made Simple
    • KumoDragon commented May 11, 2011

      There is professional gambling and hobby (hope and prey gambling) Profession gamblers play games where they can control the odds and be strategic. Like craps or blackjack. And how would you know who does and doesn't play slot machines, LOL. There is ...

      Is Forex Trading Gambling?
    • KumoDragon replied May 11, 2011

      Even on 4H time frame don't place a trade during RED news, IMO. Remember price doesn't know time frames. The time frames are just fractals of the same price. Price is price regardless of the time frame.

      Trading Made Simple
    • KumoDragon replied May 11, 2011

      LOL, ya that's the problem with trading. When everything works as planned for winning trades, it makes it seem too easy. Main thing is not to lose your head and think it will be that way every time. How you manage the losers will make the difference. ...

      Trading Made Simple
    • KumoDragon replied May 11, 2011

      I avoid placing trades right before and a half an hour after red news on FF. No matter the time frame. Often news comes in for the USD 7-7:30. If I have a set up at 7, and it still looks good after the news I'd consider entering. The problem with ...

      Trading Made Simple
    • KumoDragon commented May 11, 2011

      Ok lol, now you are just using confusing examples. Lets get back to the basic definition of gambling. "Betting on an uncertain outcome." To use your example is a more understandable format. 1.I want to start a business selling ice because I see a ...

      Is Forex Trading Gambling?
    • KumoDragon commented May 11, 2011

      [quote=KumoDragon;4611310] You dont have a clue what you are talking about. Professional gamblers do use edges. And yes, card counting is part of gambling/card playing professionally, if you see x of a certain card on the table you know there can ...

      Is Forex Trading Gambling?
    • KumoDragon commented May 11, 2011

      You dont have a clue what you are talking about. Professional gamblers do use edges. And yes, card counting is part of gambling/card playing professionally, if you see x of a certain card on the table you know there can only be so many more of it. ...

      Is Forex Trading Gambling?
    • KumoDragon commented May 11, 2011

      YES! Trading is gambling. If you don't accept that or understand that you shouldn't be trading. Gambling is betting on an uncertain outcome. Even if you have an edge that has a very high win % the outcome is still uncertain. Hence by the very very ...

      Is Forex Trading Gambling?
    • KumoDragon replied May 11, 2011

      Tottally agree. I've been all over FF and other forums looking at different methods. I didn't give up on indicator methods because I am visual and price action driven. Myself I dont like staring and candles and judging price action just on pin bars ...

      Trading Made Simple
    • KumoDragon replied May 11, 2011

      Currently up +123 pips on the EU, with pips locked in, hoping it keeps dropping. I'd post charts, but busy watching it and locking in profits. Went live this morning with $2.00 per pip. As I've practiced with this for the past couple of weeks and ...

      Trading Made Simple
    • KumoDragon replied May 10, 2011

      It's hard to tell from the pic as some of the average candles tops line up at the same place. If you entered on the third or the 4th (last candle printed) you entered way to late. If you entered on the 2nd candle and it just happened to line up with ...

      Trading Made Simple
    • KumoDragon replied May 10, 2011

      Wow 30% risk. That's great if you can be consistent without tanking. I have to ask how long have you been trading at that level of risk? The reason I ask is that I've personally tanked about 5 accounts now and every single account tank had the same ...

      Trading Made Simple
    • KumoDragon replied May 9, 2011

      My EU and GU H1 trades from this morning may turn into 4H trades if there is a cross at the next 4H candles. Currently up about +50 on both. Got out of both H1 trades as TDI was going flat or even curving up. +50 between the two. Stayed a little too ...

      Trading Made Simple
    • KumoDragon replied May 9, 2011

      Ya, it's judgment at the flat TDI. Myself if I'm down a little I'll just get out. If I'm up a little i'll set SL to either BE or some pips postive. If I'm up a decent amount I lock in pips behind resistance and round numbers or my initial risk if ...

      Trading Made Simple